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Auditor General Heather Matthews yesterday accused Premier Paula Cox of misleading the public by playing down the failings of a key committee. Ms Matthews revealed last month she was unable to publish her Annual Report for the years for 2008/09 and 2...

Ratings agency Standard & Poor's has revised its long-term sovereign rating on Bermuda from AA to AA-. In a statement the Finance Ministry said: “The Ministry of Finance spoke with S&P today about this latest action and was advised that S&P has amend...

A change in Government is the fastest way to get Bermuda’s economy moving again, says the Opposition One Bermuda Alliance. At a press conference called in response to Premier Paula Cox’s pre-budget report released on Monday, Shadow Finance Minister B...

Opposition MPs said it was no surprise a vehicle licence exemption for seniors had been abused, costing Government $17 million in lost revenue. Those aged 65 and above who own a car have not had to pay to licence their vehicle since 2007 but the poli...

Premier and Finance Minister Paula Cox released her Pre-Budget Report on Monday, which, unsurprisingly, made for depressing reading. The headline figures were: l That the deficit for the 2010-2011 financial year was wider than estimated when she re...

Premier Paula Cox yesterday revealed that Government revenues are expected to be between $10 and $20 million less than the $940 million projected in the February budget. And she said spending is expected to be $950 million, $43 million higher than ex...

Premier Paula Cox today urged taxpayers to get involved in helping Government draw up the next Budget. She released a pre-Budget report in the House of Assembly and later told a lunchtime press conference that it was crucial citizens felt a part of t...

Auditor General Heather Matthews says she’s been unable to make her reports public because the Audit Committee has not been performing its functions during 2011. Mrs Matthews wrote to House of Assembly Speaker Stanley Lowe saying the Committee, which...

Senators yesterday spent about 40 minutes discussing whether Bermudians understand the “real reasoning” behind the recent increase in Customs duty. Several Senators chose to jump in on the debate about the Island’s residents having to pay ten percen...

National Security Minister Wayne Perinchief believes the police have “got it covered” when it comes to balancing the books. Mr Perinchief today spoke out about how the Bermuda Police Service was managing “the best it could” with this year’s reduced b...

Government needs to answer questions about the damaged Heritage Wharf cruise ship pier rather than trying to “sweep it under the carpet” in the hope that people will forget. So believes engineer Ray Charlton, who is calling on the Progressive Labour ...